Lagos' Lakeside Apartments beckons on investors

A FRONTLINE real estate developer, Messrs Kimaro Properties, at the weekend showcased its luxury apartments, which will increase the nation's housing stock in the Lagos area.Located at the exclusive highbrow Banana Island, Ikoyi, close to Mike Adenuga's villa; the mini-estate known as Lakeside Apartments is being marketed by Beryl Shelter Limited while Stanbic IBTC Bank is providing mortgage finance for prospective buyers.The newly completed estate was designed for those who want their homes, a replica of a modern day palace. It consists of four units of four bedroom townhouses while each each units sits on about 300 square metres and the total land area of this unique and contemporary estate is about 1,000sqm.The townhouses are of four bedrooms all rooms en-suite, two living rooms and a maids/ servant's quarter. The floors are lavished with marble, the lightings are extremely beautiful, rock crystal chandeliers, french windows, high glass walk-in wardrobes, spot recess internal lights, pegasus fully fitted kitchen and pegasus varities/fixtures.Lakeside apartments facilities include swimming pool, borehole/water treatment, two 150KVA generators, 24 hours electricity and security. Each of the units in estate has a price tag of $1 million, which is an introductory price.According to the Managing Director, Beryl Shelter Limited, Abiola Afolayan disclosed that apartment are tastefully furnished and features a unique modern architecture, and incorporating distinctive characteristics attributes.Afolayan said that the layouts of Lakeside apartments are elegantly designed to allow abundant natural light from the large french windows. She explained that the town houses has eight per cent return on investment.
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